Looks like that no one can answer as to what is wrong with our economy.

Hi 579,
I would offer this.
The only thing wrong with the Australian economy is it's two speeds, which is a result of the mining boom and if we could have gone ahead with themining super tax in its original form there would have been additional revenues to help the second speed lane.
There is also the high Aussie dollar, but that's more a consequence of our economy's success and other countries' economies poor performance than a reflection of anything wrong with our economy.
Overall, and given the past three years globally, our economy is in really good shape.
Anthony
http://www.observationpoint.com.au

The miners will be able to pay more tax next year , they are getting self drive trains, and sack 500 drivers.
It is stupid to say there is something wrong with the economy, it's in perfect shape.
How much of foreign debt belongs to the miners, Australia is guarantor for these borrowings, and without it, they would not be able to expand.
All the common Joe sees is figures, unless you know what the breakdown is, you can not say it should not be there.

579,
Are you for real ?
The huge Public Service & total over regulation, that's what's wrong. Too many hangers-on getting paid way too much for doing effing nothing.
Cut back on Public Service Lurks, start a national service & do away with dumb crap rules
& Australia will get back on track within two years.

your both right
too many beurocrats/first

anna blioght..just announced a sceme
to put half the income from royalties..into a educational slush fund

[she loves slush funds...and some how
gets to keep the intrest..[who qwill admin it i wonder

anyhow its hard to listen to her garbage
buut it seems it may be some scollarship[mates rates for mates]
or even better...lol...a fund admionesterd by a beurocracy..that dont stasrt doing much..till decades hence

reminds me of that first class hospital[al la yes minester]
it was super efficient..cause it didnt di sick people
only beurocracy..[too clever by half..trhese beurocrats running the two party systen]

and the other point
well i agree at any rate

sack the beurocracy
take away their pensions
one flat rate pension to all pensioners

not mates rate..to those so expert
at feathering their own beds

Put public servants on the unemployment list, is that how it works.
You'll have to come up with more than that, it's a struggle.
Cut more upper-class welfare, by means testing private schools, will be a big help.
Australia's economy is number one and in great shape.